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Additional Labour Fund money to keep jobless rate below 13%?


2012-08-23



The Ministry of Labour has transferred PLN 350m (approx. €86m) in additional Labour Fund money to district labour offices in the most-affected areas for active programmes designed to help unemployed people, particularly those aged up to 30, over 50 and the long-term unemployed, back to work, labour minister Wladyslaw Kosiniak-Kamysz announced on 22 August. A further PLN 100m (€24.5m) is to be allocated in the coming weeks. According to the ministry’s estimates, the extra funds will "activate" about 80,000 people, thus keeping the official jobless rate below 13% at the end of 2012.

Expenditures on active labour market measures fell sharply in 2011 as a result of the Finance Ministry’s fiscal consolidation programme. In July the Finance Ministry and MPs approved the release of an extra PLN 500m (€123m) from the Labour Fund to help stem rising unemployment.



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